TKO compensation for Nick Khan, Ari Emanuel & Mark Shapiro revealed in SEC statement

TKO

TKO’s annual proxy statement was released on Thursday with the 2025 compensation for key executives revealed.

WWE president Nick Khan brought home $24.3 million for 2025 based on $2 million of base salary, $11 million in stock awards and more than $10 million in bonuses.

Khan also has taken on the role of Zuffa Boxing promoter, an effort TKO has partnered with Sela, a Saudi Arabian entertainment conglomerate owned by the Public Investment Fund (PIF). $3.7 million of that bonus was attributed to those efforts.

TKO president Mark Shapiro, someone who appears frequently at major events and is a public face for the company, earned $42.6 million for the year.

TKO CEO Ari Emanuel, credited with bringing in The Rock for last February’s infamous WWE Elimination Chamber appearance in addition to Pat McAfee’s inclusion in the Cody Rhodes/Randy Orton WrestleMania 42 angle, earned $67.4 million.

Vince McMahon is still listed as the biggest individual Class A stockholder with 6,442,325 shares, worth roughly $1.2 billion in current day value, but does not draw any TKO salary.

Josh Nason
Josh Nason

Since 2011, Josh has been a contributing editor to Wrestling Observer/F4WOnline.com and also hosts the Punch-Out podcast. He has also written for Fight Magazine, Bloody Elbow, Bleacher Report, and other websites. He's a 2000 graduate of the University of Maine, worked in pro sports, and once was an indie ring announcer.